Linglong “gets Cold Feet with Iran Project”

By John Lee.

China’s Shandong Linglong Tire Co (Linglong) is reportedly now hesitant about going ahead with a previously announced contract to supply technology to a greenfield tire plant in south-eastern Iran, according to an ERJ source.

They are asking for more time because of pressures by Trump,” the industry insider told ERJ.

The contract, estimated around €8-10 million, was recently awarded to Linglong.

More here from European Rubber Journal (registration required).

(Source: European Rubber Journal)

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